Okla. Stat. tit. 70, § 70-17-106.3: Deposit of contributions and dedicated revenues -

Warrants and vouchers.

A. All employee and employer contributions and dedicated

revenues shall be deposited in the Oklahoma Teachers’ Retirement

Fund in the State Treasury. The Board of Trustees of the Teachers’

Retirement System of Oklahoma shall have the responsibility for the

management of the Oklahoma Teachers’ Retirement Fund, and may

transfer monies used for investment purposes by the Teachers’

Retirement System of Oklahoma from the Oklahoma Teachers’ Retirement

Fund in the State Treasury to the custodian bank or trust company of

the System.

B. All benefits payable pursuant to the provisions of the

Teachers’ Retirement System of Oklahoma, refunds of contribution and

overpayments, and all administrative expenses in connection with the

System shall be paid from the Oklahoma Teachers’ Retirement Fund

upon warrants or vouchers signed by two persons designated by the

Board of Trustees. The Board of Trustees may transfer monies from

the custodian bank or trust company of the System to the Oklahoma

Teachers’ Retirement Fund in the State Treasury for the purposes

specified in this subsection.